arXiv:2605.08329v1 Announce Type: new Abstract: Refining visual representations by eliminating their internal feature-level redundancy is crucial for simultaneously optimizing the performance and computational cost of models in visual tracking. To enhance their performance, many contemporary Transformer-based trackers leverage a larger number of historical template frames to capture richer spatio-temporal cues. However, this strategy leads to a massive number of input visual tokens. This creates two critical issues: it imposes a quadratic computational burden and can also degrade the tracker's overall performance. To bridge this gap, we propose a compress-then-interact tracking framework, ETCTrack, that learns to efficiently compress template tokens from historical template frames into a robust target representation, moving beyond handcrafted rules. Our method first employs the Adaptive Token Compressor to dynamically construct compact yet highly discriminative template tokens by filtering out redundant visual tokens. These refined template tokens are then processed by our Hierarchical Interaction Encoder to achieve a deep, adaptive interaction with the search features. Refined search features ensure subsequent precise target localization. Experiments on seven benchmarks demonstrate that our method outperforms current state-of-the-art trackers. ETCTrack-B224 reduces the number of template tokens by 60%, leading to a 21.4% reduction in MACs with only a 0.4% drop in accuracy. The source code are available at https://github.com/PJD-WJ/ETCTrack.